Vietnamese coffee has a chance to dominate the global market

In Brazil, coffee producers are holding back exports in the hope that prices will rise. In addition, the drought in Brazil's largest Arabica coffee producing region is expected to continue, which will also lead to higher Arabica coffee prices. Meanwhile, in Vietnam, recent adverse weather has affected major coffee producing areas, threatening supply disruptions for Robusta coffee. At the same time, Vietnam's slow exports have led to a tight world coffee market. It can be seen that with the sharp rise in export coffee prices and supply advantages, Vietnamese coffee is ushering in an opportunity to change its position in the world market. At present, the export market for Vietnamese coffee is becoming more and more diversified, with major countries and regions including the European Union, ASEAN countries, South Korea, the United States, Australia, etc. In the European Union, Germany is one of Vietnam's main coffee import markets. According to statistics from the International Trade ...